AdvisorShares Focused Equity ETF
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
19.3%
1 yr return
29.3%
3 Yr Avg Return
12.4%
5 Yr Avg Return
14.5%
Net Assets
$147 M
Holdings in Top 10
46.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.92%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CWS - Profile
Distributions
- YTD Total Return 19.3%
- 3 Yr Annualized Total Return 12.4%
- 5 Yr Annualized Total Return 14.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.24%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAdvisorShares Focused Equity ETF
-
Fund Family NameAdvisorShares
-
Inception DateSep 20, 2016
-
Shares Outstanding675000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDan Ahrens
Fund Description
The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing primarily in a focused group of U.S. exchange listed equity securities, including common and preferred stock and American Depositary Receipts (“ADRs”). ADRs are securities traded on a local stock exchange that represent interests in securities issued by a foreign publicly listed company. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The investment strategy is expected to result in low turnover with an expected average holding period of at least one year. The investment strategy typically identifies large- and mid-capitalization stocks, although the Fund also may invest in certain small-capitalization or micro-capitalization stocks to a lesser extent and at certain times.
The Advisor allocates the Fund’s portfolio investments using a model owned and developed by Edward J. Elfenbein, which uses a variety of methods for security selection and focuses on firms that are fundamentally sound and have shown consistency in their financial results and high earnings quality. The model looks for stocks with a strong history of sales and earnings growth or companies that have steadily increased their earnings and dividends for several years. Often, these companies have strong operating histories with dominant position in their respective markets and proven management teams. In addition, the Advisor may invest the Fund’s assets in lesser-known companies that the Advisor believes have a unique opportunity for growth. At times, the Advisor may aim to buy certain out-of-favor stocks believed to be at prices below their intrinsic value, as measured by the model. Typically, on an annual basis, the Advisor will remove only a small number of the securities in the portfolio and replace them with the same number of new securities that better fit the Advisor’s security selection criteria. While the Advisor generally expects to use the model when buying and selling investments, the Advisor has full investment discretion over the Fund’s portfolio.
CWS - Performance
Return Ranking - Trailing
Period | CWS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.3% | 0.5% | 130.5% | 51.91% |
1 Yr | 29.3% | 12.0% | 130.4% | 53.24% |
3 Yr | 12.4%* | -20.3% | 60.0% | 3.28% |
5 Yr | 14.5%* | -1.4% | 103.7% | 9.84% |
10 Yr | N/A* | 2.2% | 25.6% | 60.20% |
* Annualized
Return Ranking - Calendar
Period | CWS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 24.7% | -27.7% | 68.0% | 16.67% |
2022 | -10.9% | -85.6% | 52.8% | 2.89% |
2021 | 22.0% | -74.9% | 238.3% | 3.77% |
2020 | 16.8% | -44.1% | 2474.5% | 78.69% |
2019 | 30.5% | -50.2% | 44.0% | 26.85% |
Total Return Ranking - Trailing
Period | CWS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.3% | 0.5% | 130.5% | 51.91% |
1 Yr | 29.3% | 12.0% | 130.4% | 53.24% |
3 Yr | 12.4%* | -20.3% | 60.0% | 3.28% |
5 Yr | 14.5%* | -1.4% | 103.7% | 9.84% |
10 Yr | N/A* | 2.2% | 25.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | CWS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 25.1% | -26.1% | 68.0% | 21.26% |
2022 | -10.4% | -67.0% | 56.8% | 5.59% |
2021 | 22.2% | -23.5% | 342.2% | 12.30% |
2020 | 17.1% | 2.6% | 2549.1% | 95.49% |
2019 | 31.0% | 14.6% | 44.8% | 70.40% |
CWS - Holdings
Concentration Analysis
CWS | Category Low | Category High | CWS % Rank | |
---|---|---|---|---|
Net Assets | 147 M | 2.73 M | 100 B | 84.54% |
Number of Holdings | 27 | 24 | 3581 | 99.24% |
Net Assets in Top 10 | 79.7 M | 670 K | 11.3 B | 75.57% |
Weighting of Top 10 | 46.04% | 4.5% | 97.8% | 13.93% |
Top 10 Holdings
- Fair Isaac Corp 5.70%
- HEICO Corp 5.00%
- Miller Industries Inc/TN 4.90%
- Aflac Inc 4.74%
- Fiserv Inc 4.64%
- Amphenol Corp 4.48%
- Intercontinental Exchange Inc 4.31%
- Moody's Corp 4.16%
- Stryker Corp 4.13%
- Thermo Fisher Scientific Inc 3.98%
Asset Allocation
Weighting | Return Low | Return High | CWS % Rank | |
---|---|---|---|---|
Stocks | 99.20% | 58.72% | 103.99% | 31.11% |
Cash | 0.89% | 0.00% | 28.07% | 66.60% |
Preferred Stocks | 0.00% | 0.00% | 5.73% | 99.62% |
Other | 0.00% | -0.04% | 14.45% | 96.37% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 99.62% |
Bonds | 0.00% | 0.00% | 2.73% | 99.62% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CWS % Rank | |
---|---|---|---|---|
Healthcare | 19.10% | 0.00% | 37.06% | 35.88% |
Technology | 17.48% | 0.04% | 62.17% | 88.55% |
Consumer Cyclical | 16.04% | 0.00% | 57.41% | 33.78% |
Financial Services | 15.69% | 0.00% | 43.01% | 10.11% |
Industrials | 14.40% | 0.00% | 38.23% | 54.58% |
Consumer Defense | 9.43% | 0.00% | 16.40% | 1.72% |
Basic Materials | 7.86% | 0.00% | 17.25% | 4.58% |
Utilities | 0.00% | 0.00% | 12.94% | 99.62% |
Real Estate | 0.00% | 0.00% | 19.28% | 99.81% |
Energy | 0.00% | 0.00% | 62.10% | 99.62% |
Communication Services | 0.00% | 0.00% | 18.33% | 100.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CWS % Rank | |
---|---|---|---|---|
US | 99.20% | 46.79% | 103.99% | 24.81% |
Non US | 0.00% | 0.00% | 34.12% | 99.81% |
CWS - Expenses
Operational Fees
CWS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.92% | 0.02% | 17.54% | 65.65% |
Management Fee | 0.72% | 0.00% | 1.50% | 49.33% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 25.09% |
Administrative Fee | 0.03% | 0.00% | 0.40% | 6.29% |
Sales Fees
CWS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
CWS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
CWS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 250.31% | 23.45% |
CWS - Distributions
Dividend Yield Analysis
CWS | Category Low | Category High | CWS % Rank | |
---|---|---|---|---|
Dividend Yield | 0.21% | 0.00% | 33.43% | 14.50% |
Dividend Distribution Analysis
CWS | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
CWS | Category Low | Category High | CWS % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.24% | -2.24% | 2.75% | 10.27% |
Capital Gain Distribution Analysis
CWS | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2023 | $0.146 | OrdinaryDividend |
Dec 23, 2022 | $0.240 | OrdinaryDividend |
Dec 23, 2021 | $0.083 | OrdinaryDividend |
Dec 24, 2020 | $0.120 | OrdinaryDividend |
Dec 27, 2019 | $0.146 | OrdinaryDividend |
Dec 27, 2018 | $0.223 | CapitalGainShortTerm |
Dec 27, 2018 | $0.372 | CapitalGainLongTerm |
Dec 27, 2018 | $0.155 | OrdinaryDividend |
Dec 27, 2017 | $0.090 | OrdinaryDividend |
Dec 23, 2016 | $0.009 | OrdinaryDividend |
CWS - Fund Manager Analysis
Managers
Dan Ahrens
Start Date
Tenure
Tenure Rank
Nov 01, 2020
1.58
1.6%
Dan Ahrens is a Managing Director and the Chief Operating Officer of AdvisorShares Investments, LLC. He joined the Advisor in 2008. Prior to joining the firm, Mr. Ahrens founded Ahrens Advisors, L.P., an SEC-registered investment advisor. Before forming Ahrens Advisors, he was President of the MUTUALS.com Funds. During that time he also was President and Chief Compliance Officer of Mutuals Advisors, Inc. and acted as President, Treasurer and Financial & Operations Officer of an affiliated Broker Dealer firm. He is the author of Investing in Vice (St. Martin’s Press, 2004) and has appeared on numerous financial programs, including CNBC, CNN, ABC News and Bloomberg, to discuss “Vice Stocks.” He has been featured, along with funds under his management, in major national and trade publications including The Economist, New York Times, Financial Times, and The Wall Street Journal. He earned a Bachelor in Business Administration in Finance from Texas Tech University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 36.3 | 9.4 | 11.76 |